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Nov 28, 2012
11/12
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has to deal with the fiscal cliff and there is not much room for mutual influence. if you don't have your house in order, you cannot speak to our problems. this does not covered in our media very much. >> thank you. let's go to illinois. we have the votes from the judges. >> can you guys hear me? what can parliament do to encourage [indiscernible] >> thank you. we will go right to the answers. >> you the unemployment, i spent a long time in entering what could we do to regain trust and growth. i made a proposal, and i repeat it. the european union, together with the states in which the youth unemployment is so crop -- so great, we should support those enterprises who employ young people with direct support financially for the enterprise, or with privilege and taxes. those are the two possibilities, but we should do it. the fight against unemployment, in my eyes, is the highest priority for the european union, or must be the highest priority for the european union. the international labor organization spoke about the lost generation in such countries. to lose a whole
has to deal with the fiscal cliff and there is not much room for mutual influence. if you don't have your house in order, you cannot speak to our problems. this does not covered in our media very much. >> thank you. let's go to illinois. we have the votes from the judges. >> can you guys hear me? what can parliament do to encourage [indiscernible] >> thank you. we will go right to the answers. >> you the unemployment, i spent a long time in entering what could we do to...
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Dec 31, 2012
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"hours from the fiscal cliff, washington awaits deal." experts foresee a significant drag on the economy. negotiators keeping the bush-era tax cuts in place for all but the wealthiest americans. this is having a huge impact on what the markets want, which is some certainty. good morning, andy. caller: i was a volunteer rescue worker at the world trade center. i have two cancers. these guys want to mess with social security. there was a guy on yesterday. he was willing to pay a little more. he will still have over $200,000 left. he'll have maybe $20,000 last. it is ridiculous. we of the strong people. we are the ones that survive. they call us the little people. we are the strong people. host: it is 7:35 eastern time. the house will gavel and at 9:00 p.m. eastern time. we will have live coverage. the senate is coming in at 11:00 a.m. more from the senate floor yesterday. [video clip] >> i'm sure if president does not want a climate like this happen. i do not want on my watch for this to be the last thing that happens on my watch. i do not
"hours from the fiscal cliff, washington awaits deal." experts foresee a significant drag on the economy. negotiators keeping the bush-era tax cuts in place for all but the wealthiest americans. this is having a huge impact on what the markets want, which is some certainty. good morning, andy. caller: i was a volunteer rescue worker at the world trade center. i have two cancers. these guys want to mess with social security. there was a guy on yesterday. he was willing to pay a little...
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Dec 21, 2012
12/12
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i believe the president has gone a great distance of the fiscal cliff to get to $400,000. he is dealing with the most vulnerable people, on social security, which i oppose. the president has tried. i hope this bill fails and we deal with the present in a responsible way and we enjoyed the physical and the fiscal cliff. >> the gentleman from california. >> i yield one minute to the great member from the appropriations committee, our hard-working friend from savannah, georgia. >> i thank the gentleman from california. the president cones this economy. he owns the high unemployment rate, the 23 million americans who are unemployed or underemployed. he owns the $750 billion annual deficit that he has had for them a years pay it is time for the president to step up. knowing this fiscal cliff was going to take place for well over a year now, the president has acted in good faith and put alternatives on the floor for us to vote on. what we are doing here today is moving a centralized negotiation back to where it should be come a decentralized basis so that house members can vote.
i believe the president has gone a great distance of the fiscal cliff to get to $400,000. he is dealing with the most vulnerable people, on social security, which i oppose. the president has tried. i hope this bill fails and we deal with the present in a responsible way and we enjoyed the physical and the fiscal cliff. >> the gentleman from california. >> i yield one minute to the great member from the appropriations committee, our hard-working friend from savannah, georgia....
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Dec 30, 2012
12/12
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part of the fiscal cliff deal is that there are heavy pentagon cuts in the sequester. the budget is the reason i think president obama would like to have leon panetta told on for a least another year. he is an experienced public official. he was budget director at one time. he has good relations on capitol hill, particularly with republicans. i think the administration would just as soon see him hang in there. he is at the age where he may want to return to california. host: stevens writes in on twitter that he would like to see howard dean offered a position. is there any talk about the howard dean appointment? guest: they do appreciate the job he did during the 2008 election for the party. i have not heard his name. talking with david jackson from "usa today." he also worked at "dallas morning news." i want to go to diane from arizona on the democratic line. caller: is there any possibility ben bernanke and tim geithner could both be replaced? from what i have read, they both have a background or some dealings with the basics and will street. my impression is they ar
part of the fiscal cliff deal is that there are heavy pentagon cuts in the sequester. the budget is the reason i think president obama would like to have leon panetta told on for a least another year. he is an experienced public official. he was budget director at one time. he has good relations on capitol hill, particularly with republicans. i think the administration would just as soon see him hang in there. he is at the age where he may want to return to california. host: stevens writes in...
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Dec 29, 2012
12/12
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we are talking about senate negotiating the fiscal cliff deal. the work they're still trying to get done. the first call comes from lee in florida. caller: i tried to call in yesterday, but everybody was concerned about this matter. let me give you a website that i have been e-mail in over 400 people. it is the website -- you go to search "cause of war." this is the biggest cover up by all of the politicians of their in washington, d.c., including both bushes and of mr. obama. host: and what does this have to do with the senate negotiating a fiscal of deal? caller: let me tell you something. if you go to the website listed on the left and upper side, united states -- each tax coming out of each state is going towards the or. -- war. i believe all of these politicians, mayors, governors should take a half cut pay to pay down the deficit. host: we are going to move on to darwin on the line for independents. caller: it is like the pentelikon, back in 1968 i was even fighting with the pentagon over budgets. you always had to have everything kept the
we are talking about senate negotiating the fiscal cliff deal. the work they're still trying to get done. the first call comes from lee in florida. caller: i tried to call in yesterday, but everybody was concerned about this matter. let me give you a website that i have been e-mail in over 400 people. it is the website -- you go to search "cause of war." this is the biggest cover up by all of the politicians of their in washington, d.c., including both bushes and of mr. obama. host:...
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Nov 26, 2012
11/12
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that thee gop's say fiscal cliff deal is what defined grover norquist. let's hear congressman pete king of new york, a republican. he was on meet the press yesterday. [video clip] >> i agree entirely it. if i were in congress in 1941, i would have signed a declaration of war against japan. i would not attack japan today. the world has changed. i think everything should be on the table. i am opposed to tax increases. the speaker and majority leader and the president will be in a room trying to find the best package. we should not take ironclad positions. i would say john boehner has put together pretty good package and has been conciliatory in his language. host: that was yesterday. we are asking republicans what you think about indications from some republicans that they are willing to break their anti-tax pledge. here's the washington post story -- we will go to the phones to hear from kiev and, joining us from stafford, virginia. good morning. caller: good morning. if you listen very carefully, peter keane and even saxon chambliss and lindsey graham al
that thee gop's say fiscal cliff deal is what defined grover norquist. let's hear congressman pete king of new york, a republican. he was on meet the press yesterday. [video clip] >> i agree entirely it. if i were in congress in 1941, i would have signed a declaration of war against japan. i would not attack japan today. the world has changed. i think everything should be on the table. i am opposed to tax increases. the speaker and majority leader and the president will be in a room...
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Dec 26, 2012
12/12
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he is returning to deal with economic matters, the fiscal cliff. if his death has been quietly talking with senate democrats are the christmas holiday to come up with a planned to avert or prevent the cliff. in the meantime, the senate does plan a session tomorrow. perhaps we will hear more about an agreement before the new year's deadline. the house is due tomorrow as well. we do not have an agenda and there. with the fiscal cliffhanging out there heading into the year 2013, do you have optimism or pessimism heading into the new ? you can also send in your comment via twitter, a post a comment on facebook, or write us an e-mail. the theme of optimism or lack of it is prevalent in the papers. wednesday with congress and the president heading back to washington. here is a headline on "usa today." in the wall street journal -- if the in "the washington post." we welcome your phone calls. we will get to them in a moment. we did find another piece at politico. there you have it in the papers this morning about people being optimistic or pessimistic abo
he is returning to deal with economic matters, the fiscal cliff. if his death has been quietly talking with senate democrats are the christmas holiday to come up with a planned to avert or prevent the cliff. in the meantime, the senate does plan a session tomorrow. perhaps we will hear more about an agreement before the new year's deadline. the house is due tomorrow as well. we do not have an agenda and there. with the fiscal cliffhanging out there heading into the year 2013, do you have...
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Dec 13, 2012
12/12
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cliff deal? >> yes, i think one of the reasons that the sequestration has gotten less attention is because the operating assumption -- more than assumption, i think the operating understanding of people involved in discussions is if you can resolve the other pieces then you can use the deficit reduction achieved from the other components, both the revenue component and the cut component to replace the sequester. whether you replace it on a 10 year basis which costs about $1 trillion or if you do it on a year basis which is about $110 billion. whatever we come up with as part of an agreement should certainly be able to offset at very least the first year of the sequester. onyou can't get an agreement all the issues, including the tax piece, could you come up with a smaller package to avoid the sequester? of course, that is possible but i don't know how likely. we could do that quickly if people were willing to put together a package of $110 billion in both revenue and cuts to replace the sequester
cliff deal? >> yes, i think one of the reasons that the sequestration has gotten less attention is because the operating assumption -- more than assumption, i think the operating understanding of people involved in discussions is if you can resolve the other pieces then you can use the deficit reduction achieved from the other components, both the revenue component and the cut component to replace the sequester. whether you replace it on a 10 year basis which costs about $1 trillion or if...
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Nov 14, 2012
11/12
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you know the fiscal cliff, you still have time to negotiate to lower the deal. the american people have spoken. host: thank you. nancy cook, does the president have a mandate to move us forward? guest: yes. i think he has america on his side. i think the administration thinks america is on his side. i think there is a sense that the democrats managed to maintain control of the senate pedometer democrats won at the white house. i think there's a feeling among democrats that they wanted these things, they should be able to put these things into place that they campaigned on which is largely taxing the rich. the house republicans feel like they also have a mandate, they kept their power, they kept the house and proposed something much different. and so the tricky thing is, everyone feels like to have a mandate moving forward. we will have to wait and see who ends up a bending and who does not. host: anything else you want to respond to? guest: i think one of the other interesting debates happening now is how important is it to deal with the deficit now obverses lat
you know the fiscal cliff, you still have time to negotiate to lower the deal. the american people have spoken. host: thank you. nancy cook, does the president have a mandate to move us forward? guest: yes. i think he has america on his side. i think the administration thinks america is on his side. i think there is a sense that the democrats managed to maintain control of the senate pedometer democrats won at the white house. i think there's a feeling among democrats that they wanted these...
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Dec 10, 2012
12/12
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i do think getting over the fiscal cliff, the deal getting closer to balance the budget is still very important. i do hope because of the discussion that tax reform is something that is taken seriously for this year. i think that is well overdue. there is not time to do it before december 31. it will give businesses a lot of assurances that the government is paying attention to what they are saying. >> you should tell barack obama to find a jim baker. >> think about each time we have reached a crisis point in our country there's been an institutional response to it. we created a central bank. that has proved to be enormous for the past five years and important for years before that. post-world war ii, we create a system and the department of homeland security. i wonder if there's not an institutional -- >> some did not work as well as others. >> that is exactly right. it reflects our values and the focus of the government. we should have a department of homeland prosperity. we need somebody other than the president to think about american competitiveness. something we've taken for gra
i do think getting over the fiscal cliff, the deal getting closer to balance the budget is still very important. i do hope because of the discussion that tax reform is something that is taken seriously for this year. i think that is well overdue. there is not time to do it before december 31. it will give businesses a lot of assurances that the government is paying attention to what they are saying. >> you should tell barack obama to find a jim baker. >> think about each time we...
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Dec 17, 2012
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unions are pushing hard to preserve federal jobs in the fiscal cliff deal. more about that would jacqueline simon. later, you thought the election of 2012 was over. not yet. the electoral college is meeting at noon today to make another step forward in the process of getting the president into his second term. we will hear more from the american university professor james thurber. we will leave you with more comments from president obama last night in newtown, connecticut, at the interfaith prayer vigil. [video clip] >> we gather here in memory of 20 beautiful children and six remarkable adults. they lost their lives in a school that could of been any school, in a quiet town full of good and decent people. it could be any town in america. here in newtown, i have come to offer the love and prayers of the nation. i am very mindful that mere words cannot match the depth of your sorrow, nor can they heal your wounded hearts. i can only hope it helps for you to know that you are not alone in your grief, that our world too has been torn apart, that all across this
unions are pushing hard to preserve federal jobs in the fiscal cliff deal. more about that would jacqueline simon. later, you thought the election of 2012 was over. not yet. the electoral college is meeting at noon today to make another step forward in the process of getting the president into his second term. we will hear more from the american university professor james thurber. we will leave you with more comments from president obama last night in newtown, connecticut, at the interfaith...
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Dec 29, 2012
12/12
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guest: the house is back to deal with the fiscal cliff bill. the hope to supporters of the sandy supplemental is the house would do something on the fiscal cliff package and somehow they could use that as an opportunity to get the sandy bill through. the chance for the full supplemental to be passed before the end of the year, it will either be a smaller amount or they will not touch it at all. the senate will have to start over next year. host: raymond hernandez i need." >> they joined -- an unusual move they are working together as opposed to saying separately i am in new york, this is what i need, new jersey and connecticut are on their own. they have to make their own appeal. guest: you have a lot of the personalities representing the victims of sandy. they have pulled together effectively after the first few weeks after the storm. they have generally been pushing the same direction. the problem the victims of sandy have in new jersey and new york is there represented almost primarily by democrats. the house is run by republicans. democrats
guest: the house is back to deal with the fiscal cliff bill. the hope to supporters of the sandy supplemental is the house would do something on the fiscal cliff package and somehow they could use that as an opportunity to get the sandy bill through. the chance for the full supplemental to be passed before the end of the year, it will either be a smaller amount or they will not touch it at all. the senate will have to start over next year. host: raymond hernandez i need." >> they...
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Dec 13, 2012
12/12
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cliff deal? >> yes, i think one of the reasons that the sequestration has gotten less attention is because the operating assumption -- more than assumption, i think the operating understanding of people involved in discussions is if you can resolve the other pieces then you can use the deficit reduction achieved from the other components, both the revenue component and the cut component to replace the sequester. whether you replace it on a 10 year basis which costs about $1 trillion or if you do it on an year basis. which is about $110 billion. whatever we come up with as part of an agreement should certainly be able to offset at very least the first year of the sequester. if you can't get an agreement on all the issues, including the tax piece, could you come up with a smaller package to avoid the sequester? of course, that is possible but i don't know how likely. we could do that quickly if people were willing to put together a package of $110 billion in both revenue and cuts to replace the seq
cliff deal? >> yes, i think one of the reasons that the sequestration has gotten less attention is because the operating assumption -- more than assumption, i think the operating understanding of people involved in discussions is if you can resolve the other pieces then you can use the deficit reduction achieved from the other components, both the revenue component and the cut component to replace the sequester. whether you replace it on a 10 year basis which costs about $1 trillion or if...
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Nov 28, 2012
11/12
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harry reid said republicans are holding up a deal on the so- called fiscal cliff. republicans said they do not understand why democrats are looking to change the rules on filibusters. this is 20 minutes. >> we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republicans, which is a disappointment to me. we only have a couple of weeks to get something done. we have to get away from the happy talk and start talking about specific things. and one month taxes are set to rise for all americans. we passed in the -- we passed in the senate a piece of legislation to protect people making less than $250,000 a year. we have rejected on a bipartisan basis the republicans' efforts to extend the tax cuts for everybody. those are the two majors we have dealt with on the senate floor. if we fail to reach an agreement, the average middle- class family will see their taxes go up by 2,200 a year. as i have indicated, the senate has acted to sto
harry reid said republicans are holding up a deal on the so- called fiscal cliff. republicans said they do not understand why democrats are looking to change the rules on filibusters. this is 20 minutes. >> we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republicans, which is a disappointment to me. we only have a couple of weeks to get something...
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Sep 18, 2012
09/12
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if somebody wants to sit down with all bus and figure out how it is we can avoid the fiscal cliff but deal with their budget problems in a responsible way, we are all for doing that. to simply say that all of the safety net programs are on the table but everything else is off, will not be acceptable. host: republican from louisville, ky -- caller: thank you for taking my call. i know the house does not compromise at all. 30 bills have been passed on jobs over to the senate or nothing has been done in the senate to comeback so that the house and senate can pass a jobs bill. but, the president wants his jobs bill passed - he did the joint house and senate speech. it was defeated in the senate with 47 republican votes. guest: i think we can see the inertia that happens in the senate because of the filibuster rules. in the house, the caller mentioned the american jobs act that the president put forward which would have created millions of jobs -- i think almost 1.5 million jobs in this economy and it has been deep sixed in the house of representatives and the american people need that con
if somebody wants to sit down with all bus and figure out how it is we can avoid the fiscal cliff but deal with their budget problems in a responsible way, we are all for doing that. to simply say that all of the safety net programs are on the table but everything else is off, will not be acceptable. host: republican from louisville, ky -- caller: thank you for taking my call. i know the house does not compromise at all. 30 bills have been passed on jobs over to the senate or nothing has been...
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Nov 27, 2012
11/12
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with our fiscal challenges and dealing with the fiscal cliff. and that is a balanced approach. one that includes not just spending cuts, not just entitlement reforms and savings, but revenue. i think the data we've all seen could not be more conclusive. so this -- the president will continue to engage with the american people on this subject because we are all here, those of us in the administration and those who have been elected to congress, to serve the american people. so to suggest that we should, now that the election is over, stop talking to them about these vital issues is, i think, just bad advice. >> ambassador rice, beyond the president's feeling for her and how she conducted herself after the benghazi attack, what do they think about this whole back and forth about something that's a hypothetical nomination at this point? >> the president addressed this in his press conference i think quite well. and i can't improve upon that. >> you talk about her and the good work -- >> listen, about the prospect of proposing her for a different po
with our fiscal challenges and dealing with the fiscal cliff. and that is a balanced approach. one that includes not just spending cuts, not just entitlement reforms and savings, but revenue. i think the data we've all seen could not be more conclusive. so this -- the president will continue to engage with the american people on this subject because we are all here, those of us in the administration and those who have been elected to congress, to serve the american people. so to suggest that we...
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Nov 20, 2012
11/12
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whether or not they come together across party lines to deal with the fiscal cliff in a way that makes sense, whether they pass in immigration bill that makes sense for the country, those would be good signs. >> what was your immediate thinking about paul ryan and where did you end up thinking? >> my immediate was i cannot believe they're going to do this. just -- i -- axelrod always thought it was going to be paul ryan. >> he did not. he thought it was going to be tim pawlenty. >> ax looked at me and said they are going to pick paul ryan. at the time i thought to myself, they're going to spend a lot of time on defense on medicare, medicaid, all whole bunch of issues. >> they were not divisive issues. >> did you see how close florida was? i think they spent some time defending it. we obviously thought it was important. we air anded several labs -- aired several ads. i thought he added some youth and energy. they had a base concerns and he helped those. so i am not criticizing the pick i just think there were other -- >> you are. >> i was giving an assessment of the good and bad. >> was
whether or not they come together across party lines to deal with the fiscal cliff in a way that makes sense, whether they pass in immigration bill that makes sense for the country, those would be good signs. >> what was your immediate thinking about paul ryan and where did you end up thinking? >> my immediate was i cannot believe they're going to do this. just -- i -- axelrod always thought it was going to be paul ryan. >> he did not. he thought it was going to be tim...
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Dec 23, 2012
12/12
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about the fiscal cliff, the numbers are on the screen. before going to the phones we want to show you a little bit about what speaker boehner had to say yesterday in his explanation as to why plan b legislation was pulled from the house vote. and he also added that he didn't think the members' refusal to vote on it was aimed at him personally. [video clip] >> there was a perception that the vote last night was going to increase taxes. i disagree with the characterization of that by, but it was out there and we had a number of our members who just didn't want to be perceived as having raised taxes. that was the real issue. you've all heard me say this and i've told my colleague this, you do the right things every day for the right reasons, the right things will happen. while we were not able to get the votes and avert 98.1% of the tax increases, i don't think -- they were not taking that out on me. they were dealing with the perception that somebody might accuse them of raising taxes. host: stephen dinan of the washington times, were the c
about the fiscal cliff, the numbers are on the screen. before going to the phones we want to show you a little bit about what speaker boehner had to say yesterday in his explanation as to why plan b legislation was pulled from the house vote. and he also added that he didn't think the members' refusal to vote on it was aimed at him personally. [video clip] >> there was a perception that the vote last night was going to increase taxes. i disagree with the characterization of that by, but...
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Dec 18, 2012
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cliff deal. and so what we continue to see from the white house is the very thing that would hurt the economy, hurt jobs which ultimately is what we all want to see happen is to see the economy grow and expand again. and he has no interest whatsoever in dealing with the entitlement programs. so we need spending solutions. that's where the president has been absent. we hope that he'll come to the table and engage on what we can do to rein in out-of-control federal spending, to reform our entitlement programs so that we can save and protect medicare and social security for future generations, and actually put tax policies in place through tax reform that will promote economic growth and job creation in this country. that's what this ought to be about, and right now the president seems obsessed with raising taxes on small businesses and people across this country. >> and the deficit numbers that just came out confirm exactly what senator thune has said, that we in this country have a spending proble
cliff deal. and so what we continue to see from the white house is the very thing that would hurt the economy, hurt jobs which ultimately is what we all want to see happen is to see the economy grow and expand again. and he has no interest whatsoever in dealing with the entitlement programs. so we need spending solutions. that's where the president has been absent. we hope that he'll come to the table and engage on what we can do to rein in out-of-control federal spending, to reform our...
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Dec 20, 2012
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let's avert a fiscal cliff and let's get onto the business of preventing the fiscal abyss which is the coming debt crisis that will not be resolved until we have real leadership and that unfortunately, is sorely lacking. i urge passage of this. let's prevent tax increases and down payment on spending and pass this bill. the speaker pro tempore: the previous question is ordered on the bill. the question is on engrossment and third reading of the bill. those in favor say aye. those opposed, no. in the opinion of the chair, the eyes have it, third reading. the clerk: a bill to provide for spending reductions. the speaker pro tempore: is the gentleman opposed to the bill? mr. van hollen: i am opposed. the clerk: mr. van hollen of maryland moves to recommit the bill to the committee on ways and means with instructions to report the same back to the house with the following amendment. at the end of the bill add the following, title 8. disclosure of costs and provider cuts under medicare, medicaid. section 801, disclosure of higher beneficiary costs and provider cusses under medicaid medicare
let's avert a fiscal cliff and let's get onto the business of preventing the fiscal abyss which is the coming debt crisis that will not be resolved until we have real leadership and that unfortunately, is sorely lacking. i urge passage of this. let's prevent tax increases and down payment on spending and pass this bill. the speaker pro tempore: the previous question is ordered on the bill. the question is on engrossment and third reading of the bill. those in favor say aye. those opposed, no....
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Aug 23, 2012
08/12
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cliff. if they pass that tax cut tomorrow, that would go significant ways toward alleviating concerns about the fiscal cliff. >> given everybody campaigning, the absence of a former -- formal study -- >> he told you earlier this week, he recognizes the fact that because congress will be in town for less than two weeks between now and the election, significant progress with congress may not be all that likely. there are things that congress absolutely must do, steps to ensure that we pass the continuing resolution and the government continues to function, with no threats of shutdowns, and other things they can do. what they can also do -- some work has been done -- they could pass the tax cut in a moment's notice. the house could do it when they come back and demonstrate to the american people that there is a serious of purpose here when it comes to recognizing the need to address some of the issues represented by the cbo report yesterday. >> any ideas on after the election, if we could addre
cliff. if they pass that tax cut tomorrow, that would go significant ways toward alleviating concerns about the fiscal cliff. >> given everybody campaigning, the absence of a former -- formal study -- >> he told you earlier this week, he recognizes the fact that because congress will be in town for less than two weeks between now and the election, significant progress with congress may not be all that likely. there are things that congress absolutely must do, steps to ensure that we...
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Dec 11, 2012
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cliff the deal, getting closer to balancing the budget, which i think is still very important in the mindset of businesses and this government, that we learn to do that. but i do hope because of all the discussion that tax reform is something that is taken seriously for this year. i think it's well overdue. it's been posited as something that should be done now. it's obviously doesn't have time to do it before december 31. i think that there's a real opportunity to make a lot of the changes that we have talked with through -- about through tax reform. and it will give businesses a lot of the assurances they need that the government is paying attention. >> you should tell barack obama to find a jim baker, then. >> i have an idea for you. which is, this is -- if you think about each time we reached a crisis point of enormous proportions in our country, there's been an institutional response toe it. we had a number financial crises through the late 1800's early 1900's, we create add central bank. and that has proved to be enormously valuable in this past -- for the past five years. for
cliff the deal, getting closer to balancing the budget, which i think is still very important in the mindset of businesses and this government, that we learn to do that. but i do hope because of all the discussion that tax reform is something that is taken seriously for this year. i think it's well overdue. it's been posited as something that should be done now. it's obviously doesn't have time to do it before december 31. i think that there's a real opportunity to make a lot of the changes...
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Dec 11, 2012
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so, that is one of the many things in the fiscal cliff discussions that we also have to deal with. the social security payroll tax holiday that we have had for two years -- they have to decide whether to extend that by december 31, and there is also the issue of the alternative minimum tax, which is designed to make sure that everybody pays something in income tax, especially among the wealthy who might use deductions to bring their tax payments down to zero. the problem is the alternative minimum tax has been affecting more and more middle-class people, and the irs in particular is eager for congress to take a stand on patching up the minimum tax by december 31 because mostly they have to program their computers. host: the amt was part of our series on the different aspects of the fiscal cliff talks. you can go to our web site to find more details. today, the discussion is about domestic spending. if sequestration happens at the end of the month, and we are talking about $500 billion in domestic spending across the board, right, charles clark? guest: $500 billion over 10 years. $3
so, that is one of the many things in the fiscal cliff discussions that we also have to deal with. the social security payroll tax holiday that we have had for two years -- they have to decide whether to extend that by december 31, and there is also the issue of the alternative minimum tax, which is designed to make sure that everybody pays something in income tax, especially among the wealthy who might use deductions to bring their tax payments down to zero. the problem is the alternative...
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Aug 15, 2012
08/12
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host: your take on whether wall street thinks this is the right way to deal with the looming fiscal cliff? guest: i personally did not agree with his position on that. there are other republican leaders who took that the way and i do not pretend to speak for wall street, although i used to work there and i have covered that place for many years. i do not -- losing our credit rating was not a good thing. i would like to see that not happen again. defering obligations for a couple of days was not something i favored. i expressed my disapproval on that very subject. host: let us get some calls in here. patrick is on the independent line from florida. patrick, you are on with larry kudlow. caller: larry kudlow is a typical gas on c-span. you say he is an economic expert. he had a political appointee job for a president who raised taxes, triple the national debt. he talks about \ big government. fdic has gone to $250,000. he talks about medical reform. we elected a governor down here that -- his company backed out been corrupted by the government because it was charging $1.5 billion fines for
host: your take on whether wall street thinks this is the right way to deal with the looming fiscal cliff? guest: i personally did not agree with his position on that. there are other republican leaders who took that the way and i do not pretend to speak for wall street, although i used to work there and i have covered that place for many years. i do not -- losing our credit rating was not a good thing. i would like to see that not happen again. defering obligations for a couple of days was not...
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Dec 12, 2012
12/12
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negotiations continue over the so-called looming fiscal cliff. yesterday president obama and john boehner spoke by phone. washington post reported however that they are still working on a deal and nothing is locked down yet. we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. find a son facebook and weigh in there. at journal@c- span.org. "the christian science monitor," asked what we would be willing to give up. "americans would be willing to give up the tax deduction for charitable giving over other popular tax breaks." host: let's take a look at the results of this poll. 25% said that they would be willing to give up the charitable giving tax deduction. almost the same amount said it would be willing to give up their deduction for state taxes
negotiations continue over the so-called looming fiscal cliff. yesterday president obama and john boehner spoke by phone. washington post reported however that they are still working on a deal and nothing is locked down yet. we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for...
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Dec 12, 2012
12/12
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the president is address the fiscal cliff, we're dealing with the debt and deficit. this is not about getting through this next month, this is about trying to solve the issues that we face as a nation today and that is the debt and deficit that we face. the president is very fond of talk about the math. let me give you a few things dealing with the math. 2012 will be the third highest revenue receipt into the united states government ever in the history of our nation. the third highest revenue ever received in the hithsroif the united states is coming in in 2012. in this down economy, as paychecks are smaller, federal revenue continues to increase. the president is very focused on trying to get the clinton tax rates but he ignores the clinton level of spending. what we've got to address is a trillion dollar deficit here. if wrp back at the clinton level of spending this would solve the issue that we're dealing with today. so we've got to find a way to address the real driver and real issue that we're facing, that is the spending. until we address that, it's not going
the president is address the fiscal cliff, we're dealing with the debt and deficit. this is not about getting through this next month, this is about trying to solve the issues that we face as a nation today and that is the debt and deficit that we face. the president is very fond of talk about the math. let me give you a few things dealing with the math. 2012 will be the third highest revenue receipt into the united states government ever in the history of our nation. the third highest revenue...
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Dec 29, 2012
12/12
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they talked about the need to reach a deal to avert the fiscal cliff. >> i've been working people of both parties with the help of business leaders and ordinary americans to come together around a plan to grow the economy. a plan that would protect the middle class, cut spending and ask the wealthiest americans to pay a little bit more. i will keep working with anyone who is serious about getting a comprehensive plan like this done. we are now just -- all tax rates are going up. a will get a lot smaller. it would hurt middle-class families and businesses that depend on your spending. congress can prevent it from happening. leaders are working on a way to prevent this tax hike on the middle class. if an agreement is reached i will urge the senate to hold an up or down vote to protect the middle class from the income- tax hike. it could pass both houses a bipartisan majority. but they still want to vote no, that is their prerogative. they shall let everybody else vote as well. we cannot afford a politically self-inflicted wound. the housing market is healing. the unemployment rate is t
they talked about the need to reach a deal to avert the fiscal cliff. >> i've been working people of both parties with the help of business leaders and ordinary americans to come together around a plan to grow the economy. a plan that would protect the middle class, cut spending and ask the wealthiest americans to pay a little bit more. i will keep working with anyone who is serious about getting a comprehensive plan like this done. we are now just -- all tax rates are going up. a will...
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Dec 11, 2012
12/12
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on the fiscal cliff before christmas would be difficult. this is 10 minutes. >> speaker boehner said he'd waiting on president obecause mo -- obama to outline the spending cuts. that's a strange thing for the speaker to say. president obama outlined specific cuts in his proposal to the republicans. while republicans have not offered anything specific in cuts whatsoever, and of course nothing specific in revenue whatsoever. all generalizations. the republicans want more spending cuts, tell us what you want. that's what i say to them. we can't read their minds. we're not going to make the proposal for them. republicans know perfectly well that democrats are willing to make tough choices on these issues, if in fact they understand, which i hope they do by now, that we're going to look out for the middle class first. the only thing standing in the way of an agreement is republicans. their insistence on holding tax cuts for middle class families hostage to the fiscal cliff. there's a lot of bluster coming from republicans but that facade is crum
on the fiscal cliff before christmas would be difficult. this is 10 minutes. >> speaker boehner said he'd waiting on president obecause mo -- obama to outline the spending cuts. that's a strange thing for the speaker to say. president obama outlined specific cuts in his proposal to the republicans. while republicans have not offered anything specific in cuts whatsoever, and of course nothing specific in revenue whatsoever. all generalizations. the republicans want more spending cuts, tell...
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Nov 13, 2012
11/12
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they do have the fiscal cliffs that they have to deal with, and there will be a calibration of who gets hurt the most if we allow the economy to go over the cliff. where do we blame? there is a lot of calculation going on right now at leadership levels in both houses, in both parties, with the white house heaving a huge sigh of relief that the poles were all right, but now we are stuck with this for four more years, and how do we deal with this? i don't think anybody knows how the lame-duck is really going to work, either then there will be a continuing resolution. will it be a kick the can down the road kind of resolution? the question is, how many things will be added to that frame as it is moving through. >> congressman gephardt, as senator bennett just laid out, this can get pretty messy. it could get ugly before it is resolved. doesn't that affect the leverage here for the president? does he really want to start his second term with an economy that is already fragile and at risk of going into another recession? >> lame-duck sessions are well named. they are always lame, and the use
they do have the fiscal cliffs that they have to deal with, and there will be a calibration of who gets hurt the most if we allow the economy to go over the cliff. where do we blame? there is a lot of calculation going on right now at leadership levels in both houses, in both parties, with the white house heaving a huge sigh of relief that the poles were all right, but now we are stuck with this for four more years, and how do we deal with this? i don't think anybody knows how the lame-duck is...
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Dec 11, 2012
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so, that is one of the many things in the fiscal cliff discussions that we also have to deal with. the social security payroll tax holiday that we have had for two years -- they have to decide whether to extend that by december 31, and there is also the issue of the alternative minimum tax, which is designed to make sure that everybody pays something in income tax, especially among the wealthy who might use deductions to bring their tax payments down to zero. the problem is the alternative minimum tax has been affecting more and more middle-class people, and the irs in particular is eager for congress to take a stand on patching up the minimum tax by december 31 because mostly they have to program their computers. host: the amt was part of our series on the different aspects of the fiscal cliff talks. you can go to our web site to find more details. today, the discussion is about domestic spending. if sequestration happens at the end of the month, and we are talking about $500 billion in domestic spending across the board, right, charles clark? guest: $500 billion over 10 years. $3
so, that is one of the many things in the fiscal cliff discussions that we also have to deal with. the social security payroll tax holiday that we have had for two years -- they have to decide whether to extend that by december 31, and there is also the issue of the alternative minimum tax, which is designed to make sure that everybody pays something in income tax, especially among the wealthy who might use deductions to bring their tax payments down to zero. the problem is the alternative...
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Nov 8, 2012
11/12
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the fiscal cliff would always be addressed. but with the results of the election and the margins would have determined the complexion of the deal going forward. if indeed romney had one, with a republican sweep, the members would have a short-term solution and have gone home and would have left a whole mess for the republicans to deal with. now that they have the presidency and the senate, i think that is much more incentive for the democrats to take a more thoughtful and a longer-term solution point of view on addressing the fiscal cliff. >> what you see? >> i don't think we will see a lot in the next few weeks other than half of a framework deal. the democrats have more of an incentive to engage on how the process plays in 2013. there has been chatter about how a lame-duck deal could be struck that not only moves the deadline of the fiscal cliff, which is a really boring policy outcome, but sets forth a path for resolving some of these issues. and to the question of whether revenues should be part of that solution, i would ag
the fiscal cliff would always be addressed. but with the results of the election and the margins would have determined the complexion of the deal going forward. if indeed romney had one, with a republican sweep, the members would have a short-term solution and have gone home and would have left a whole mess for the republicans to deal with. now that they have the presidency and the senate, i think that is much more incentive for the democrats to take a more thoughtful and a longer-term solution...
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Dec 6, 2012
12/12
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there are two ways to deal with that -- build another fiscal cliff to put on pressure, which puts us right back where we are, or have a default mechanism which has policy set aside that both sides do not like. one thing about the baseline -- under current law, if the congress packed its bags right now and went away, at the end of the 10-year period our debt to gdp ratio would be under 1%. he would definitely solve the deficit problem. >> under 1%? >> i believe. >> the percentage of your debt -- not the deficit to gdp? >> debt to gdp. now, we do not want to get there that way. the same way we do not want to go over the fiscal class. the fiscal cliff is big austerity -- you get $7 trillion in deficit reduction over 10 years. but you do not do it you really want to do it. when it comes to the baseline, you have to work together as part of an agreement to get to the right baseline. that does not mean it is not real world deficit-reduction. it is. does it mean it is better than current law? maybe not. but there is agreement that current law, including the fiscal cliff, is not the best way
there are two ways to deal with that -- build another fiscal cliff to put on pressure, which puts us right back where we are, or have a default mechanism which has policy set aside that both sides do not like. one thing about the baseline -- under current law, if the congress packed its bags right now and went away, at the end of the 10-year period our debt to gdp ratio would be under 1%. he would definitely solve the deficit problem. >> under 1%? >> i believe. >> the...
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Nov 13, 2012
11/12
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with the fiscal cliff. in other news, courtesy of "the houston chronicle," "american production will surpass the saudis within eight years." on the same story in "the wall street journal," "america is on track to surpass saudi arabia by 2020." that is also a front-page story in the washington times as well. below the fold, a piece written by guide taylor. -- guy taylor. president obama, traveling overseas on saturday to several countries, including burma. this is after he meets with congressional leaders on friday. that is why we are turning to all of you today to discuss this. john, ohio, what do you think? president obama, when he meets with congressional leaders on friday, should he say that he is open to cuts to medicare and social security? caller: medicare and social security should not be cut. there are other ways to deal with it. you can cut welfare, you can cut wigs. while he is in asia, president obama should look at the pay of the average ceo to the employee is 10 to one in japan. in american it
with the fiscal cliff. in other news, courtesy of "the houston chronicle," "american production will surpass the saudis within eight years." on the same story in "the wall street journal," "america is on track to surpass saudi arabia by 2020." that is also a front-page story in the washington times as well. below the fold, a piece written by guide taylor. -- guy taylor. president obama, traveling overseas on saturday to several countries, including burma....
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Nov 9, 2012
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go off that fiscal cliff. guest: i think a couple of points, and it goes back to what was said about where the power really is -- president obama, during his first term, spend a lot of time at key moments inside washington and found that to be a giant mistake. when he got outside washington and began mini campaigns, whether it was on his health- care legislation or immediately after the debt ceiling to become even that approval ratings rise and he had a little more power when he returned to washington. and i think you're going to see more of an outside end-game -- not immediately, because he has to talk to these people here about the fiscal cliff issues, but particularly in the next two years when he really has to get things done before he is a true lame-duck after the 2014 midterms. you know, the playing hardball, i think he intends to do that. marie talked about the republicans need to realize what has happened here reheard vice-president biden say hi for some soul-searching by republicans. i think you'll he
go off that fiscal cliff. guest: i think a couple of points, and it goes back to what was said about where the power really is -- president obama, during his first term, spend a lot of time at key moments inside washington and found that to be a giant mistake. when he got outside washington and began mini campaigns, whether it was on his health- care legislation or immediately after the debt ceiling to become even that approval ratings rise and he had a little more power when he returned to...
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Dec 23, 2012
12/12
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i do not believe this congress is going to be able to deal with the fiscal cliff. the next congress, unless they reform senate filibuster rules and also -- and you can tell me whether this is a dream come true -- what if nancy pelosi and john boehner kind of got together and nancy pelosi told boehner he could bring the votes for his speakership and then maybe together could isolate the tea party section of his group and take away some of the radical left of her group and burn the moderates together, support him for speakership. me, being a democrat, i would not get everything i want, but the republicans would get everything they wanted. by the time re-election came up they would have seen there was a lot of progress made and maybe they could not run primaries on those guys that decided to run to the middle with policy and later together. host: thank you for the call. so many things. basically, you are assuming that john boehner would be elected speaker in a democratic house. it is not likely that they would give him their votes. it is far more likely, quite honestl
i do not believe this congress is going to be able to deal with the fiscal cliff. the next congress, unless they reform senate filibuster rules and also -- and you can tell me whether this is a dream come true -- what if nancy pelosi and john boehner kind of got together and nancy pelosi told boehner he could bring the votes for his speakership and then maybe together could isolate the tea party section of his group and take away some of the radical left of her group and burn the moderates...
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Dec 11, 2012
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i do think getting over the fiscal cliff, the deal getting closer to balance the budget is still very important. i do hope because of the discussion that tax reform is something that is taken seriously for this year. i think that is well overdue. there is not time to do it before december 31. it will give businesses a lot of assurances that the government is paying attention to what they are saying. >> you should tell barack obama to find a jim baker. >> think about each time we have reached a crisis point in our country there's been an institutional response to it. we created a central bank. that has proved to be enormous for the past five years and important for years before that. post-world war ii, we create a system and the department of homeland security. i wonder if there's not an institutional -- >> some did not work as well as others. >> that is exactly right. it reflects our values and the focus of the government. we should have a department of homeland prosperity. we need somebody other than the president to think about american competitiveness. something we've taken for gra
i do think getting over the fiscal cliff, the deal getting closer to balance the budget is still very important. i do hope because of the discussion that tax reform is something that is taken seriously for this year. i think that is well overdue. there is not time to do it before december 31. it will give businesses a lot of assurances that the government is paying attention to what they are saying. >> you should tell barack obama to find a jim baker. >> think about each time we...
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Aug 6, 2012
08/12
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are the fiscal cliff. what are one or two key things that washington could do that would give the market's positive signs? what are one or two things they could brokered deals on that was in the right signal? guest: the fiscal cliff issue is going to be getting even bigger in the coming months. we've seen little sign of movement on that. in terms of this is something set in place with that debt ceiling deal a year ago, we have automatic spending cuts and tax increases that were set to take place. this was supposed to be sort of hanging over politicians had to make sure they could get a long- term budget in place. they have not made much progress. if they're able to resolve some of those tax cut issues, whether the bush tax cuts will be extended, how the spending cuts are going to be dealt with both near and long term, whether there is one of the defense spending cuts or not, those are issues they are still grappling with. but we have another piece on our side this morning that looks at how congress has lef
are the fiscal cliff. what are one or two key things that washington could do that would give the market's positive signs? what are one or two things they could brokered deals on that was in the right signal? guest: the fiscal cliff issue is going to be getting even bigger in the coming months. we've seen little sign of movement on that. in terms of this is something set in place with that debt ceiling deal a year ago, we have automatic spending cuts and tax increases that were set to take...
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Oct 18, 2012
10/12
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you know, they got pushed into this fiscal cliff issue because the debt ceiling issue had not been dealt with. so they feel belittled hoodwinked and i think they're very determined to let these tax cuts expire now. i do not know if it will happen. i do not know if they will kick the can down the road. but they are filling more feisty than they were in 2010. the caller is right, raising the top rate does not get you all the way there for the kind of deficit-cutting calls they have been talking about. host: matthew cooper, where could there be some common ground? what have the gang of eight said about common ground between the two parties? guest: well, the common ground, as it is generally considered, has been taking care of all of this in the context of overall tax reform. you basically do kind of what you did in 1986. you try to get rates down for everybody and you close up a lot of loopholes. over the last generation, we have done a lot of our policy- making by tax cuts or tax incentives or tax deductions, whenever you want to call them, trying to mold people's behavior. encouraging the
you know, they got pushed into this fiscal cliff issue because the debt ceiling issue had not been dealt with. so they feel belittled hoodwinked and i think they're very determined to let these tax cuts expire now. i do not know if it will happen. i do not know if they will kick the can down the road. but they are filling more feisty than they were in 2010. the caller is right, raising the top rate does not get you all the way there for the kind of deficit-cutting calls they have been talking...
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Nov 25, 2012
11/12
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this is talking about these questions of the fiscal cliff. [video clip] >> what about speaker john boehner's concept of a bridge deal, which could be a revenue package and tax reform and the new year that does bring in new revenue? >> i think it is a wonderful idea to have tax reform in the new year. i think john boehner keeps trying to soft and what the american people said on november 6. that is why i am so adamant against rejecting it. we need to use this moment to answer the call of the american people, which they said loud and clear on november 6. >> what do they plan to do to help the president? how much money do you plan to spend? >> we have joined with other organizations, labor and community, which started on november 8 with 44 actions a run the country. we were doing visits on the hill together. we just went up on the air with paid media to do education a run the the id -- with key states and we are bringing local leaders together to lobby congress the week after thanksgiving. then we will do another day of action on december 10. we
this is talking about these questions of the fiscal cliff. [video clip] >> what about speaker john boehner's concept of a bridge deal, which could be a revenue package and tax reform and the new year that does bring in new revenue? >> i think it is a wonderful idea to have tax reform in the new year. i think john boehner keeps trying to soft and what the american people said on november 6. that is why i am so adamant against rejecting it. we need to use this moment to answer the...
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Oct 9, 2012
10/12
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with the fiscal cliff, the impending tax increases, and the sequestration tax cuts. the u.s. house will double in for what we expect as a pro forma session. no legislative business, but we expect possible comments from democrats try to bring the house back into legislative session. that will be coming up momentarily. also live today, president obama in ohio, speaking at ohio state university in columbus this afternoon. we have live coverage of that at 5:00 p.m. eastern. mr. romney is in iowa today and there is a campaign rally later tonight in ohio. so, u.s. house coverage coming up momentarily. our road to the white house coverage later today at 5:00 p.m. eastern. later this week, the vice presidential debates. we will have that live for you thursday night with coverage beginning at 7:00 eastern. let's take a now to the house f. the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c., october 9, twelve. i hereby appoint the honorable andy harris to act as s
with the fiscal cliff, the impending tax increases, and the sequestration tax cuts. the u.s. house will double in for what we expect as a pro forma session. no legislative business, but we expect possible comments from democrats try to bring the house back into legislative session. that will be coming up momentarily. also live today, president obama in ohio, speaking at ohio state university in columbus this afternoon. we have live coverage of that at 5:00 p.m. eastern. mr. romney is in iowa...
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Oct 16, 2012
10/12
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is a good time to help policy staff and members and others think about this fiscal cliff. it is a really big deal with regard to the economic impact on the country, but we really need to think about what has been the breakable fiscal crisis our country faces. the government accountability office as we have an 88 trillion dollar fiscal gap over the next 75 years between our commitments of the federal government and what we can afford to pay. 37 trillion is medicare. it is the largest the actual driver of the deficit. in some sense it is natural for us in washington to think about what will happen and short-term and in the next few months. -- it is the largest structural driver of the dodeficit. we need to think about more foresight to think about what happens in the next six years and 16 years. you remember the numbers as well as i do. medicare faces insolvency as soon as five years. the actuaries have said to justify the 75-year gap, to rectify that either 47 percent tax increase immediately or 26% reduction in benefits. i think we have a real moral obligation to work toge
is a good time to help policy staff and members and others think about this fiscal cliff. it is a really big deal with regard to the economic impact on the country, but we really need to think about what has been the breakable fiscal crisis our country faces. the government accountability office as we have an 88 trillion dollar fiscal gap over the next 75 years between our commitments of the federal government and what we can afford to pay. 37 trillion is medicare. it is the largest the actual...
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Nov 13, 2012
11/12
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with the fiscal cliff. in other news, courtesy of "the houston chronicle," "american production will surpass the saudis within eight years." on the same story in "the wall street journal," "america is on track to surpass saudi arabia by 2020." that is also a front-page story in the washington times as well. below the fold, a piece written by guide taylor. -- guy taylor. president obama, traveling overseas on saturday to several countries, including burma. this is after he meets with congressional leaders on friday. that is why we are turning to all of you today to discuss this. john, ohio, what do you think? president obama, when he meets with congressional leaders on friday, should he say that he is open to cuts to medicare and social security? caller: medicare and social security should not be cut. there are other ways to deal with it. you can cut welfare, you can cut wigs. while he is in asia, president obama should look at the pay of the average ceo to the employee is 10 to one in japan. in american it
with the fiscal cliff. in other news, courtesy of "the houston chronicle," "american production will surpass the saudis within eight years." on the same story in "the wall street journal," "america is on track to surpass saudi arabia by 2020." that is also a front-page story in the washington times as well. below the fold, a piece written by guide taylor. -- guy taylor. president obama, traveling overseas on saturday to several countries, including burma....
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Nov 10, 2012
11/12
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and find a way to avert this fiscal cliff. if they go right into a problem with appropriations because the current continuing resolution expires in march, it sucks some of the oxygen out of the room. it would be great if they could just get all the homework done right now and go to bed at a reasonable hour, right? but it is not going to happen most likely. and there is going to be a lot of attention focused on these leftover problems, which there was last year and the year before and the year before. i remember, two years ago during the lame-duck when they made the deal and struck the deal on a tax rates, i thought, oh, no, it looks like we will be dealing -- it means we will be dealing with this right after the election. the more you put that stuff off, the more it piles up and gets more difficult to deal with just the real nuts and bolts part of governing, which is getting the assistance secretary of labor and the regional directors for epa and hhs in their jobs so they can tell -- from a political basis, they can say this i
and find a way to avert this fiscal cliff. if they go right into a problem with appropriations because the current continuing resolution expires in march, it sucks some of the oxygen out of the room. it would be great if they could just get all the homework done right now and go to bed at a reasonable hour, right? but it is not going to happen most likely. and there is going to be a lot of attention focused on these leftover problems, which there was last year and the year before and the year...
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Dec 21, 2012
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i believe the president has done a great distance on the fiscal cliff to get to $400,000. he has caught -- talk about cutting programs that deal with the most vulnerable people, the poorest, on social security tax increases, which i oppose. cost of living increases, excuse me. the president has tried. i hope this bill fails and we deal with the president in a responsible way and avoid the fiscal and the physical cliff. >> thank you. i yield one minute to the member of the appropriations committee, our hard-working friend from georgia and his father. >> the gentleman is recognized for one minute. >> the president owns this economy. he owns the high unemployment rate, the 23 million americans who are under or unemployed. he owns the lack of jobs and opportunity. he owns the $750 billion annual deficit. it is time for the president to step up. knowing this fiscal cliff was going to put -- was going to take place for well over a year, the president has not acted in good faith. what we are doing today is three things. number one, we are moving a centralized negotiation back to
i believe the president has done a great distance on the fiscal cliff to get to $400,000. he has caught -- talk about cutting programs that deal with the most vulnerable people, the poorest, on social security tax increases, which i oppose. cost of living increases, excuse me. the president has tried. i hope this bill fails and we deal with the president in a responsible way and avoid the fiscal and the physical cliff. >> thank you. i yield one minute to the member of the appropriations...
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Dec 18, 2012
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host: we are talking about the so-called fiscal cliff and the impact of any sort of deal sequestration could have on the states. let's begin with headlines. here is the washington -- the "washington post. they're getting closer to some sort of deal. let's begin with the overall march of this. they're looking at more spending cuts, one being social security or more benefits. in general, what you think this means for states? guest: as this is a balding, -- is an evolving, these proposals do not have a lot of effect on the states. the big programs for spending our social security, medicare and medicaid. what we are hearing is that medicaid is off the table and that is the only one of the three that has a direct impact on the states with the federal share program. and the other things we are hearing are on the revenue side. and again, the direct impact on states is very minimal. host: what if sequestration were to happen? what is the biggest concern for states? if they can reach a deal, was the biggest concern? guest: the biggest concern is that states have not been able to plan for what i
host: we are talking about the so-called fiscal cliff and the impact of any sort of deal sequestration could have on the states. let's begin with headlines. here is the washington -- the "washington post. they're getting closer to some sort of deal. let's begin with the overall march of this. they're looking at more spending cuts, one being social security or more benefits. in general, what you think this means for states? guest: as this is a balding, -- is an evolving, these proposals do...
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Nov 17, 2012
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cliff, do they call a deal together before march, the end of the year? it includes a tax deal? >> yes, before march. i am not sure before the end of december. >> i think by march there will certainly have it. >> that is the expiration. >> that is the reasonable response. but i qualify my answer. >> based on years of history, right. the third question is tax reform. do we get a sophisticated, significant tax reform as part of the deal? >> whether it is part of the deal or in the aftermath of the deal, it is very likely because it is in both parties' interests. >> so like 1986, perhaps? >> and you can imagine the tax reform package that each party can claim victory. >> your favorite question that you brought up earlier, immigration reform. >> it is going to happen. it will be 1986 all over again, the last significant immigration reform, and we will get that done by the end of this year because neither party wants to be looking at the enemy -- looking like the enemy of this. that >> we will definitely get it and it will make a major difference. >> perhaps w
cliff, do they call a deal together before march, the end of the year? it includes a tax deal? >> yes, before march. i am not sure before the end of december. >> i think by march there will certainly have it. >> that is the expiration. >> that is the reasonable response. but i qualify my answer. >> based on years of history, right. the third question is tax reform. do we get a sophisticated, significant tax reform as part of the deal? >> whether it is part of...
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Dec 31, 2012
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we are 10 hours before we reached the so-called fiscal cliff. that government-imposed deadline for tax cuts, also sequestration. they will go into effect for 2013 unless a compromise is reached. the president says we are close, but there is no final deal. some of our twitter comments -- richard is joining us from ohio. republican line. caller: thank you. i do not understand what is going on with the unemployment rate and everything else. i have been looking for work for nine months now. the only thing around here is dishwasher, stuff like that. my wife is disabled. there is no money in the household. and yet, they keep wanting to go up and up and up. i have no idea what to do to support my family. i know there are millions of americans out there, people in worse shape than i am. i have no idea where to go next. host: richard, have you talk to your members of congress? caller: >> no, i have not. host: do you think any agreement lawmakers make today will make a difference? caller: honestly, i do not think it will make much of the difference. i tho
we are 10 hours before we reached the so-called fiscal cliff. that government-imposed deadline for tax cuts, also sequestration. they will go into effect for 2013 unless a compromise is reached. the president says we are close, but there is no final deal. some of our twitter comments -- richard is joining us from ohio. republican line. caller: thank you. i do not understand what is going on with the unemployment rate and everything else. i have been looking for work for nine months now. the...
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Nov 14, 2012
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with the rest of the fiscal cliff, why not do that? >> instead of the house moving on the senate bill, the senate ought to move on the house bill. there are a lot of issues on the table that have to be resolved by the end of the year and i think i have laid out a reasonable framework where both parties can work together and i'm looking forward to go to the white house on friday and beginning our conversations. >> is there a reason you can agree on that, at least, that you can't just knock that out right away? >> the issue is, we aren't going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. it's not the direction that we want to go because it's going to hurt job creators in america. yes, ma'am. >> thank you, mr. speaker. [laughter] >> my question for you is, given that the president has stated his position in going forward in these negotiations, you have your positions, how do you anticipate the whole process to unfold on friday? what do you expect to hear from the president and the dif
with the rest of the fiscal cliff, why not do that? >> instead of the house moving on the senate bill, the senate ought to move on the house bill. there are a lot of issues on the table that have to be resolved by the end of the year and i think i have laid out a reasonable framework where both parties can work together and i'm looking forward to go to the white house on friday and beginning our conversations. >> is there a reason you can agree on that, at least, that you can't just...
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Nov 9, 2012
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he has put together a plan that deals with the fiscal cliff in his budget. he has done some things that are not popular with the democratic constituencies. but we know where he is. it is not a question of where does the president stand. it is a question of figuring out the compromise that can get enough votes in the house and the senate and the president's signature to actually happen. i know the president is hard at work on this. i talked to people at the white house as recently as last night about some of these things. i think you will see the president back to it -- actively engaged once a way it -- right away. speaker boehner open the door. the tone of his speech was very encouraging. i do not think he has a plan, but it certainly opens the door. in terms of -- the one thing i believe the president will do, and i think it will make a difference, i cannot stress the importance of this enough, getting the business community involved on the revenue side. i have talked to a lot of my republican colleagues who want to come to an agreement. they just do not he
he has put together a plan that deals with the fiscal cliff in his budget. he has done some things that are not popular with the democratic constituencies. but we know where he is. it is not a question of where does the president stand. it is a question of figuring out the compromise that can get enough votes in the house and the senate and the president's signature to actually happen. i know the president is hard at work on this. i talked to people at the white house as recently as last night...